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    • dk5294
    • By dk5294 20th Mar 17, 2:38 PM
    • 169Posts
    • 21Thanks
    Completing after next Wednesday
    • #1
    • 20th Mar 17, 2:38 PM
    Completing after next Wednesday 20th Mar 17 at 2:38 PM
    So on the back of the news that Theresa May will be triggering article 50 next Wednesday, will this impact home purchases after this date?

    Sorry if it sounds really silly but it's worrying.

    I will also add I'm not looking for a political debate, just wondering if this process will affect wheels already in motion.
Page 2
    • AnotherJoe
    • By AnotherJoe 20th Mar 17, 10:38 PM
    • 9,392 Posts
    • 10,373 Thanks
    Well rates can hardly go down can they?! It doesn't take a genius to predict what will happen next....
    Originally posted by juniordoc
    Yes, rates could go down. Look at what happened in Japan.
    And there's zero incentive with Brexit looming, to raise rates.

    But, even if the next step was for rates to go up, its a long jump from "rates will go up" to rates will go up soon".

    And an even bigger jump to "rates will go up so much house prices will fall by 5 to 10%".
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